Statement from the Board of Directors of NRCC

 

The NRCC objective is to promote trade between Norway and Russia. NRCC notes the restrictions on trade, which have been adopted between the two countries. Both countries recognize the benefits of trade relations and the restrictive measures are, according to the legislator in both countries, adopted due to foreign policy considerations. NRCC will continue to promote bilateral trade between our two countries.

NRCC is concerned about the current and long-term implications of the restrictive measures to individual members of NRCC. It is an important task for NRCC to communicate these implications to all relevant stakeholders including the authorities of both countries.

We have inter alia noted the disruptive effects to the Norwegian and Russian seafood industry and the harmful uncertainties with regard to the scope of the measures that continue to impact the Norwegian petroleum industry players doing business in Russia.

NRCC remains committed to the interests of our members. On their behalf, we encourage the authorities to intensify their efforts to identify political solutions to the present situation, with the objective of enabling the repeal of all restrictive measures. In this context, we emphasize this common obligation Norway and Russia share as neighboring countries, characterized by a long and close cooperation in the High North.